The Hindu Business Line : Wednesday, October 01, 2008

LOGISTICS

AIRLINES: Oil cos cut aviation fuel prices by 5.42%; fares unlikely to come down
Mumbai, Sept. 30 The Indian oil marketing companies have cut aviation turbine fuel (ATF) prices by 5.42 per cent on Tuesday. However, this is unlikely to result in any decrease in either fuel surcharges or basic fares offered by the ...

SHIPPING/PORTS: Pipavav Shipyard reviewing IPO plan
Wary of market mayhem; considering other options also. Mumbai, Sept 30 Pipavav Shipyard, promoted by SKIL Infrastructure, is having second thoughts on going ahead with its proposed $150-million IPO in the wake of the recent tremors on Wall ...

OUTLOOK: Paramount to buy over 30 Embraer aircraft by 2011
Banking on its biz model to fly through tough times. Bangalore, Sept. 30 Paramount Airways will buy over 30 more Embraer aircraft as part of its pan-India roll out plan which is expected to be completed by 2011. As per the listed price, each of ...

RAILWAYS: Rly production units meet target
Most of the rolling stock production units of Indian Railways have either met or surpassed their targets for the April-August 2008 period. Chittaranjan Locomotive Works (CLW) met its target by manufacturing 66 electric locomotives. Diesel ...

SHIPPING/PORTS: Vizag port gearing up for competition
Visakhapatnam, Sept 30 The Visakhapatnam port, which ruled the roost for several successive years as the number one port in the country, lost its pride of place last year (2007-08) to Kandla by a very narrow ...

SHIPPING/PORTS: Dredging Corpn declares 150% dividend
Visakhapatnam, Sept. 30 The Dredging Corporation of India (DCI) has declared dividend of 150 per cent for the third time, including interim dividend of 75 per cent paid in March, for 2007-08, involving an amount of Rs 42 crore, according to ...

SHIPPING/PORTS: France box ship co’s new service to call at Chennai port
CMA CGM, France’s number one and world’s number three container line, has announced a new NEMO (North Europe, Mediterranean and Oceania) service, connecting Australia directly with Europe and the Mediterranean via Suez but ...

AIRLINES: IndiGo adds 14 new services
New Delhi, Sept. 30 IndiGo, the low-fare domestic airline, on Tuesday announced the addition of 14 new flights starting October ...